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Thomas Miller

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The 12 Highest Paid Oil & Gas CEOs

Not only does oil and gas provide the life-giving fuel that powers our modern lifestyle, it also has a legacy of often leaving wealth and abundance in its wake. Following the devastating real estate collapse of 2007-2009, it was oil and gas that virtually single-handedly filled Texas and North Dakota’s state surplus budgets to over $2 Billion each within 4 years.

The top-paid CEO in America comes from the natural gas sector. No shock, many of the highly compensated executives the last two years work in the fossil fuel sector; oil and gas in particular. Of curious note however, no CEO from the coal industry appeared on this list, which extends through Robert Walker of Anadarko Petroleum at $15,765,017, although Consol Energy Inc’s J. Brett Harvey was not far behind at $15.1 million. Also conspicuously absent is any representation from the renewable energy sector.

Related: Misleading IEA Statement Sends Oil Prices Crashing

The list is accumulated from multiple sources, including Equilar’s Top 200, Forbes 10 Highest Paid Bosses, and the AFL-CIO’s 100 Highest Paid CEOs, and represents each list’s best compensation estimates from 2013 and 2014.

1. Charf Souki
Cheniere Energy, Inc
$141,949,280 Income
$800,000 base salary converted to $1 effective December 15, 2014

2. Tom Ward
Sandridge Energy, Inc.
$71,119,765 Income
$974,539 Salary

Related: The Real Problem Behind Low Oil Prices

3. Anthony G. Petrello
Nabors Industries LTD
$68,246,187 Income
$1,700,000 Salary

4. Richard Kinder
Kinder Morgan
$60.9 million Income
Estimated dividend earnings: $380 million
Former President of Enron

5. Clarence P. Cazalot, Jr.
Marathon Oil
$43.7 million Income

6. Rex W. Tillerson
Exxon Mobil Corp
$28,138,329 Income
$2,717,000 Salary

7. J.S. Watson
Chevron Corp
$24,017,303 Income
$1,770,833 Salary

Related: Middle East Oil Addiction Could Spell Disaster

8. Paal Kibsgaard
Schlumberger LTD
$22,837,540 Income
$1,700,000 Salary

9. Robert D. Lawler
Chesapeake Energy Corp
$22,423,268 Income
$4,423,331 Salary & Bonus

10. David Lesar
Halliburton
$20,710,018 Income
$13,553,008 Salary & Bonus

11. Ryan Lance
Conoco Phillips Co.
$19,852,892 Income
$7,270,457 Salary & Bonus

12. Robert Walker
Anadarko Petroleum Corp
$15,765,017 Income
$4,821,930 Salary & Bonus

By. Thomas Miller of Oilprice.com

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Leave a comment
  • El gato on March 25 2015 said:
    This proves how the oil companies are screwing consumers. Oil going down and gas going up inversely. Oil and gas are natural resources and should belong to the public! Just pay oil companies a reasonable fee to extract and process them!
  • KYS EL GATO on April 19 2016 said:
    Are you autistic m8? ^^

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